Weekly performance of Iran’s gold & currency market

Business Materials 16 February 2018 11:32 (UTC +04:00)

Baku, Azerbaijan, Feb. 16

By Khalid Kazimov – Trend:

The price of one gram of the 18-karat gold increased by 0.67 percent over the last Iranian week to stand at 1,487,000rials (about $31.5) on the weekend.

The price of Bahar-e Azadi (Spring of Liberty) gold coin added 2.08 percent over the week and stood at 15,210,000 rials ($322.6) on the last day of the Iranian week, Thursday.

Meanwhile, the value of the US dollar against Iranian rial in the free market increased by 3.46 percent to post 47,196 rials on Thursday.

The Central Bank of Iran (CBI) put the official rate of the US dollar at 37,091 rials on Thursday, an increase of 0.3 percent compared to the preceding week.

According to the country’s real-time data sharing system, SANA, euro added 2.38 percent to rest at 59,568 rials on the weekend. The official rate of euro increased by 2.02 percent to stand at 46233 rials.